The USD / CHF pair traded with remarkable negativity yesterday to test the support of the main ascending channel that is currently in the form of 0.9925, accompanied by the emergence of a positive cross signal through Stochastic now, which is a positive incentive waiting to help push the pair higher again.
From here, we expect the pair to resume its main ascending course in the coming sessions. The main targets start with breaching 1.0005 to confirm the opening of the way toward 1.0165 in the near term, noting that breaking 0.9925 will press the price to start a short term bearish correction.


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